Kanani Industries consolidated net profit rises 661.54% in the March 2022 quarter

4 May 2022 , 06:15 PM

Net profit of Kanani Industries rose 661.54% to Rs 0.99 crore in the quarter ended March 2022 as against Rs 0.13 crore during the previous quarter ended March 2021. Sales declined 51.45% to Rs 42.55 crore in the quarter ended March 2022 as against Rs 87.64 crore during the previous quarter ended March 2021.

For the full year,net profit rose 311.36% to Rs 1.81 crore in the year ended March 2022 as against Rs 0.44 crore during the previous year ended March 2021. Sales declined 6.69% to Rs 290.73 crore in the year ended March 2022 as against Rs 311.58 crore during the previous year ended March 2021.

Particulars	Quarter Ended	Year Ended
?	Mar. 2022	Mar. 2021	% Var.	Mar. 2022	Mar. 2021	% Var.
Sales	42.55	87.64	-51	290.73	311.58	-7
OPM %	1.34	0.09	–	0.59	0.28	–
PBDT	1.14	0.17	571	2.10	0.64	228
PBT	1.12	0.15	647	2.01	0.54	272
NP	0.99	0.13	662	1.81	0.44	311

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